AGM Managing Director Presentation
Adelaide, Nov 30, 2016 AEST (ABN Newswire) - Havilah Resources Ltd (
ASX:HAV) ("Havilah") plans to sequentially develop its portfolio of gold, copper, iron, cobalt, tin and other mineral resources in South Australia. Our vision is to become a new mining force, delivering value to our shareholders, partners and the community.
Havilah Resources is pleased to lodge the presentation that Dr Chris Giles, Havilah's Managing Director, is to deliver at Havilah's Annual General Meeting today.
The presentation will also be available on the Company's website at http://www.abnnewswire.net/lnk/76X849WT
2016 Significant Achievements
- Portia Gold Mine has overcome many challenges to commence production ahead of plan
-- Progress from mining first gold ore (early March) to completion of construction of gold processing plant (April) to pouring of first gold (May) was all successfully achieved ahead of schedule
-- Successfully managed mining through soft overburden and dealt with groundwater inflows
-- Confirmation of substantial new bedrock gold mineralisation in the pit floor and extending south of the current open pit that will extend mining life by at least another 12 months
-- Joint decision with CMC to mine 120m cutback on the same revenue sharing arrangement
- Resource infill drilling at North Portia achieved best ever copper-gold intersections
- Kalkaroo ML grant pending finalisation of a native title mining agreement
- Continued appreciation of share price - 140% higher than last AGM
- New website and social media platforms launched
- Continued engagement with potential project investors
To view the Company Presentation, please visit:
http://abnnewswire.net/lnk/M1W2O463
About Havilah Resources Ltd
Havilah Resources Ltd (ASX:HAV) is a debt free South Australian gold producer having recently financed and developed its first gold mine at Portia in north-eastern South Australia. It plans to follow on with three copper-gold-cobalt mining developments at North Portia, Kalkaroo and Mutooroo, which are underpinned by a JORC resources mineral inventory of over 1.4 million tonnes of copper, 3.6 million ounces of gold, and 18,000 tonnes of cobalt.
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